- Advert ID: 715816
- (Seller ref: CA81000F)
Licensed Daytime Café Restaurant In Hampshire For Sale
- Location:
-
- United Kingdom
- > England
- > South East
- > Hampshire
- > Portsmouth
- > Portsmouth
- Category:
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Summary
- Asking price:
- £160,000
- Sales revenue:
- £260,000
- Net profit:
- Available on request
- Employees:
- Two working partners with the help of four full time staff plus part time staff as required.
Business description
Situated in a busy shopping area. Attractively decorated lock up premises with circa 55 covers. Offering a mainly English/French menu and serving breakfast and lunches including wraps, melts, sandwiches, jacket potatoes etc together with desserts and cream teas. Owner advised current gross weekly takings circa £5,000. Ideal for working owners. Internal inspection thoroughly recommended.
Property information
- Property:
- Leasehold
- Lease terms:
- The premises are held on a lease (that excludes certain provisions of the Landlord & Tenant Act) from 1 June 2005 to 25 February 2016 with the current rent being £11,500 per annum then rising to £12,500 per annum on 1 June 2009, subject to review.
- Location:
- The business is situated close to the main pedestrianised shopping area in this popular Hampshire coastal town, part of the city of Portsmouth. There is on street parking and the café restaurant is opposite a ‘pay & display’ car park. The town offers comprehensive shopping facilities, schools for all ages etc with further shopping and recreational amenities, university, ferry port and a number of major tourist attractions available in Portsmouth.
Other information
- Expansion potential:
- Our clients bought this well established business in September 2007 and are selling reluctantly due to the pressure of other business commitments. The business trades as a licensed café restaurant offering a wide choice from an English/French menu from breakfast (served all day) to lunches including pasta, chilli con carne, various salads, jacket potatoes, wraps, melts, toasties and sandwiches etc. Together with cream teas as well as desserts and puddings. Prices range from £3.95 for bacon & eggs to £5.95 for Venison Haché, a venison and watercress burger. Jacket potatoes start at £4.25 with one filling and Steak Royale is £8.95. A traditional cream tea is £3.75.
The owner advises that no advertising is currently undertaken.
- Trading hours:
- Tues to Sat 8.00am to 5.00pm; Sunday 9.00am to 3.00pm; Monday closed.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- United Kingdom
- > England
- > South East
- > Hampshire
- > Portsmouth
- > Portsmouth
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